The FTX Recovery Trust will distribute a third tranche worth about $1.6 billion on Sept. 30, 2025, allocating 40% to US Customer Entitlement claims, 24% to General Unsecured and Digital Asset Loan claims, 6% to Dotcom Customer claims, and 120% to Convenience claims.
Third distribution date: Sept. 30, 2025 — payments expected within three business days.
Distribution breakdown: 40% US Customer Entitlement, 24% General Unsecured & Digital Asset Loan, 6% Dotcom Customer, 120% Convenience.
Trust assets: up to $16.5 billion earmarked for creditors after prior $1.2B and $5B payouts in Feb and May.
FTX Recovery Trust distribution: third tranche ~$1.6B on Sept. 30, 2025 — check creditor account timelines and claim allocations now.
The distribution marks the third payout to creditors of the former exchange as it continues dispensing up to $16.5 billion in funds.
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What is the FTX Recovery Trust distribution?
The FTX Recovery Trust distribution is the managed payout process returning recovered assets to former FTX customers and creditors after the exchange’s 2022 collapse. The trust coordinates claim adjudication and scheduled tranche payments; the third tranche totals roughly $1.6 billion and is scheduled for Sept. 30, 2025.
When will creditors receive the Sept. 30 distribution?
Creditors are scheduled to be paid on Sept. 30, 2025, with funds expected to appear in accounts within three business days of that payment date. This timeline was announced by the FTX Recovery Trust in its public distribution notice and is consistent with prior payouts from February and May 2025.
The FTX Recovery Trust, the entity overseeing recovered assets from the bankrupt exchange, confirmed a third tranche of distributions valued at approximately $1.6 billion. This represents the trust’s continued effort to return funds to verified creditors after large recoveries and asset liquidations conducted since 2023.
Source: Sunil Kavuri
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The distribution allocates percentages by claim type: 6% for Dotcom Customer claims, 40% for US Customer Entitlement Claims, 24% for General Unsecured and Digital Asset Loan Claims, and 120% to Convenience claims as part of the September payout. Allocation details were published by the trust to ensure transparency in claimant recoveries.
Background: The trust began reimbursing creditors with a $1.2 billion payment in February and followed with a $5 billion distribution in May. The recovery program currently manages up to $16.5 billion in assets allocated to creditors and former customers via structured distributions and claims administration.
Large recovery distributions influence creditor liquidity and market sentiment. Former customers regain capital that can re-enter markets or be withdrawn, affecting trading volumes and asset demand. Market participants and regulators have monitored the trust’s disbursements for broader implications on crypto asset flows and creditor restitution practices.
Sam Bankman‑Fried, convicted in November 2023 on multiple fraud and conspiracy charges and sentenced to 25 years in March 2024, is pursuing an appeal scheduled for November. His legal team asserts trial fairness issues and disputed claims about FTX’s solvency and liquidity at relevant times. Court filings and appellate briefs will determine the appeal timeline and outcomes.
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